QIA Moves to Buy Rosneft Stake as CEFC Stumbles
Posted on 05/04/2018
As CEFC China Energy encounters debt issues, the Qatar Investment Authority (QIA) moved into saving the Rosneft PJSC deal. QIA emerged as a major shareholder as CEFC failed to close on a US$ 9.1 billion transactions to acquire a 14.16 stake in Rosneft. Post-deal, QIA will own 18.93% of Rosneft. The Russian government will continue […]
